Overview: Amazon $Amazon.com(AMZN)$ is significantly expanding its footprint in the artificial intelligence (AI) landscape with its latest venture, "Metis," a chatbot designed to compete directly with OpenAI's ChatGPT. Despite a slight dip of 1% in Amazon's stock price late Monday, the company's determination to enhance its AI capabilities remains unwavering. CEO Andy Jassy's active involvement in the development process underscores the strategic importance of this project to Amazon's future. The Metis initiative is poised to leverage Amazon's AI model "Olympus," a fortified version of the Titan foundational model, promising powerful features like enhanced information retrieval and proactive user assistan
Can Amazon Replicate Big Tech's Surge?
Amazon Results Beat Estimates, Revenue Forecast Misses Amazon.com reported quarterly results above Wall Street's expectations on Tuesday, as interest in artificial intelligence helped drive cloud-computing growth. CEO Andy Jassy told analysts that for Amazon "there is a big opportunity in front of us" in servicing AI customers. ------------ How will Amazon move after earnings?
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